Since the start of a new round of economic growth in 2002, the sanitary ware industry in China has achieved tremendous development. It has experienced rapid development and popularization of the market. The industry as a whole has now entered the period of industrial adjustment, upgrading and rapid development. The rapid development of the real estate market and hotels, restaurants and entertainment industries has provided the market with a stable growth space.
Today, China has become the world’s largest producer and distributor of sanitary ware products, with sanitary ware production and sales accounting for about 30% of the world’s total, and bathroom accessories accounting for about 35% of the world’s total. The global economic crisis in 2008 caused a certain negative impact on China's sanitary ware industry. However, due to strong demand, the overall market experienced a smooth transition. In 2010, the annual production scale of various types of sanitary ware in China reached 174,004,100, of which the production capacity of flush toilets exceeded 120 million. Only, the actual output is about 65 million. The global economic crisis in 2008 caused a certain negative impact on China's sanitary ware industry. However, due to strong demand, the overall market experienced a smooth transition. Since 2002, the average annual growth rate of the industry has maintained around 20-25%. In 2010, the domestic sanitary ware market reached 736.65. 100 million yuan.
The downstream markets of sanitary ware mainly include residential, hotel, dining and entertainment, office buildings and other five categories. "Others" mainly refers to commercial real estate markets and schools, schools, venues and other public real estate markets except hotels, restaurants, entertainment, and office markets. In recent years, China’s resident consumption has become more rational, and consumers have paid more attention to quality and price factors when purchasing products. With the country’s expansion of domestic demand, rural markets, protected housing projects, shantytown reconstruction, and post-disaster reconstruction have been launched. Market demand will be given priority to mid-range.
Today, China has become the world’s largest producer and distributor of sanitary ware products, with sanitary ware production and sales accounting for about 30% of the world’s total, and bathroom accessories accounting for about 35% of the world’s total. The global economic crisis in 2008 caused a certain negative impact on China's sanitary ware industry. However, due to strong demand, the overall market experienced a smooth transition. In 2010, the annual production scale of various types of sanitary ware in China reached 174,004,100, of which the production capacity of flush toilets exceeded 120 million. Only, the actual output is about 65 million. The global economic crisis in 2008 caused a certain negative impact on China's sanitary ware industry. However, due to strong demand, the overall market experienced a smooth transition. Since 2002, the average annual growth rate of the industry has maintained around 20-25%. In 2010, the domestic sanitary ware market reached 736.65. 100 million yuan.
The downstream markets of sanitary ware mainly include residential, hotel, dining and entertainment, office buildings and other five categories. "Others" mainly refers to commercial real estate markets and schools, schools, venues and other public real estate markets except hotels, restaurants, entertainment, and office markets. In recent years, China’s resident consumption has become more rational, and consumers have paid more attention to quality and price factors when purchasing products. With the country’s expansion of domestic demand, rural markets, protected housing projects, shantytown reconstruction, and post-disaster reconstruction have been launched. Market demand will be given priority to mid-range.
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